OREANDA-NEWS. August 9, 2012. Moscow Exchange is pleased to announce the appointment of Roman Sulzhik as an Managing Director of the Exchange"s Derivatives market. The appointment is in effect from July 30, 2012.

Roman will be responsible for developing the futures and options market, broadening the range of the Moscow Exchange derivatives instruments, as well as an interaction with Russian and foreign clients and partners.

Roman has considerable experience in derivatives financial instruments. From 2000 to 2008 he worked for JP Morgan Chase in New York and London where he was engaged in creating the risk management system and trading in derivatives. From 2008 to 2011 Roman was in charge of derivatives trading at Deutsche Bank in Moscow.

Roman joined Moscow Exchange in April 2012 as Managing Director responsible for economic risk management.

"Roman Sulzhik is a highly experienced professional who has a good record in our company, and his experience at global banks will be valuable for developing derivatives products in Moscow Exchange. Roman will contribute the international expertise and standards to the Exchange"s derivatives market and attract new clients. We are sure that he will improve the quality of this business area of the company", said Alexander Afanasiev, CEO of Moscow Exchange.

"I greatly appreciate the opportunity to lead this area of business and continue developing the derivatives market based on innovations and customer-oriented approach which has been the Moscow Exchange derivatives market famous for. The Exchange"s derivatives team consists of high-caliber professionals and it is a great honour for me to work with them", said Roman Sulzhik.

Roman Sulzhik takes over from Evgeny Serdyukov who has made a decision to resign.

Roman Sulzhik

Roman Sulzhik was born in 1974. He graduated from Leeds University with a degree in Computer Science & Mathematics in 1995. In 2005 Roman received an MBA from New York University Stern School of Business.

He started his career by working for IT divisions of technological companies in New York during 1995-2000.

From 2000 to 2008 Roman worked for JP Morgan Chase in New York and London holding the position of Vice President. He participated in establishing the risk-management system and was engaged in trading in derivatives.

From 2008 to 2011 Roman worked as Director and headed the Derivatives Trading Division at Deutsche Bank in Moscow.

Roman is a member of the Board of ACIRussia, the organization of the financial market professional participants, the MICEX-RTS Currency Market and Derivatives Market Committees and the Board of National Foreign Exchange Association.